Review Questions Chapter 2: What is a business case? How does a business case affect an IT project? A business plan that forecasts costs and revenues for a particular project over several years‚ especially to attract financing. It affects because it would say whether the IT project is good enough to go or should it be abandoned. So for any company can save money. What is a SWOT analysis and why is it important? A SWOT analysis is to study any factor affecting any company and
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The Manager and Management Accounting Copyright © 2015 Pearson Education‚ Inc. All Rights Reserved 1. 2. 3. Distinguish financial accounting from management accounting Understand how management accountants help firms make strategic decisions Describe the set of business functions in the value chain and identify the dimensions of performance that customers are expecting of companies Copyright © 2015 Pearson Education‚ Inc. All Rights Reserved. 1-2 4. 5. 6. 7. Explain the five-step decision-making
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Name __________________________________________________________ Chapter 2 – Quick Quiz 1 1. A(n) _______________ is an organized system of assumptions and principles that purports to explain a specified set of phenomena. a. theory c. operational definition b. hypothesis d. experiment 2. An ideal scientist should: a. not express skepticism of new ideas. c. not support falsifiable theories. b. rely on scientific intuition. d. be willing to make “risky predictions.” 3. An advantage
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Not-for-profit organizations also provide financial information to external users such as citizen groups and donors. As an individual‚ you provide financial information to the internal revenue service and to creditors when you seek a loan. 2. Accounting is often thought of as the “language” used to communicate financial information about a business. The primary method that profit-oriented companies use to provide financial information to investors‚ creditors‚ and other external parties is through
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C2-1 Choice of Accounting Method Understanding Slanted Building Supplies purchased 32 percent of the voting shares of Flat Flooring Company in March 20X3. On December 31‚ 20X3‚ the officers of Slanted Building Supplies indicated they needed advice on whether to use the equity method or cost method in reporting their ownership in Flat Flooring. Required a. What factors should be considered in determining whether equity-method reporting is appropriate? The equity method is considered when
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Ateneo de Zamboanga University SCHOOL OF MANAGEMENT AND ACCOUNTANCY Accounting 206: Cost Accounting and Cost Management‚ Part II Midterm Examination Kelvin J. Culajara‚ BSA‚ CPA Name: _____________________________________ Date: _______________ Score: __________ Test 1: Comprehensive Problem/Reporting Assume that you are the newly-hired chief cost accountant of Wapayutana Company. As the chief officer‚ you are tasked to monitor the flow of costs throughout the process‚ and hence‚ you are
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Marketing Strategies of Catering Firms In Selected Towns in Rizal Chapter 2 This chapter present the RESEARCH METHOD‚ SETTING OF THE STUDY‚ SUBJECT OF THE STUDY‚ SOURCES OF DATA‚ PROCEDURE OF THE STUDY‚ and STATISTICAL TREATMENT MEMBERS: Genesis Garcia Rosalie Relloma Ma. Luz Noromor Mary Jane Gonzales Erllene Eris Astorga RESEARCH METHOD Basically‚ the Descriptive method of research will be utilized in the study since it is designed for the investigation
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BUS 548 SU 2012 Pre-Test #2- Key 1. The use of predetermined overhead rates in a job-order cost system makes it possible to estimate the total cost of a given job as soon as production is completed. TRUE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Knowledge Garrison - Chapter 03 #1 Learning Objective: 03-01 Compute a predetermined overhead rate Level: Easy 2. The process of assigning overhead cost to jobs is known as overhead application. TRUE
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Chapter 2 The History of the Atom It took many scientists and philosophers hundreds even thousands of years to come up with an accurate atomic theory. For nearly 2‚000 years science was unable to come up with experiments that were able to test and put forth the theories made up by Democritus which was a fifth century B.C. Greek philosopher. In 1803‚ John Dalton‚ who viewed the atom as a small solid sphere‚ and is credited for the developing of the first coherent atomic theory was now in the picture
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The Witch Edilberto K. Tiempo First Dimension (Literal Comprehension) 1. Who was Tio Sabelo? 2. What is an Awok? 3. Who was Minggay Awok? 4. Where did Minggay live? 5. What is a Wakwak? Second Dimension (Interpretative Comprehension) 1. What are the characteristics of the protagonist and the antagonist? 2. Why was Minggay feared in Libas and the surrounding barrios? 3. What minor characters appear in the story‚ and what roles do these characters play in advancing the action of
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